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| | | ... equal to its earnings as duration manager. As a result of the bond scandal, which was first identified in April 2023, AOFM has not invited ANZ to participate in any further syndicated bond issuance. "Given the findings, the AOFM will need to see clear ... |
| | | | ... profits came from lower one-off costs, while favourable exchange rates were also a factor. "This is low quality growth that does not indicate sustainable value creation, but even without this artificial boost, earnings outstripped sales growth by around ... |
| | | | ... to ensure that investors diversify into quality assets to manage mounting risks. "Managing a more consistent journey" and not falling for trends like "buying gold or Bitcoin," are crucial to the new year investment philosophy for Edwards. "Our positioning ... |
| | | | ... relationships and judgment," CPP Investments head of investment operations Mike Leader said. "Ultimately, competitive advantage will not come from automation alone but from how effectively we combine automation with human expertise to move faster, stay ... |
| | | | ... member's account, can often result in a large increase in the deceased member's balance," it said. "If the death benefit is not subsequently paid to beneficiaries before the end of the income year, it could result in a Division 296 tax liability which ... |
| | | | ... entities. The other is Equity Trustees Superannuation Limited (ETSL), which is currently facing legal action from ASIC, accused of not doing enough to prevent superannuation members losing millions of dollars from the Shield Master Fund's collapse. In ... |
| | | | New research found almost three quarters of Australian financial advisers (73%) used ETFs for their clients' portfolios last year, as the investment vehicle plays an increasingly significant role in managed accounts. The number is set to increase to ... |
| | | | Contrary to US government rhetoric, the cost of US import tariffs is not borne by foreign exporters, according to new research from the Kiel Institute for the World Economy. The report revealed that instead, they hit the American economy itself. The ... |
| | | | ... retail clients who took on opposing long and short positions. ASIC said these investors incurred higher funding costs but could not profit from their opposing CFD positions. "Each year, thousands of Australians lose money trading CFDs and through our ... |
| | | | ... businesses, as well as completing the sale of AMP Capital, and settling a number of class actions. She said stepping back was not a decision she made lightly. "AMP has undertaken significant transformation to become a simpler, customer-focused, and growth-oriented ... |
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